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Say the premium is $2 on that $195 strike heading into earnings and I am sitting on 100 shares (remember every options contract represents 100 shares). If, however, shares hit the $195 strike, then I am, as the seller of that option contract, obligated to sell my shares at $195. To implement this strategy, you would sell a put at a higher strike price and then purchase another put as insurance at a lower strike price. In this case, we would be laying out $2 (paying $3 to buy the $195 strike and collecting $1 by selling the $190 strike). There are two high-level factors that determine an options price, intrinsic value and time value.
Persons: Jim Cramer's, It's, we'll, you'll, I've, it's, they're, we're, we've, We've, Jim Cramer, Steve Jobs, Tim Cook, Vega, Jim, Spencer Platt Organizations: CNBC, Jim Cramer's Charitable Trust, Club, Nvidia, New York Stock Exchange, Getty Locations: Delta, New York City
CNN —US and AC Milan midfielder Yunus Musah is used to hostility – passionate and aggressive crowds are part of the game after all. Instead, Italian soccer found itself in the midst of another alleged racism scandal – one that Musah was around to witness firsthand. “So it was really, really important that when we saw that, the whole team reacted great. Prior to joining Milan, Musah spent the first three years of his senior career with Spanish side Valencia. During a league match against Real Madrid in May last year, a Valencia fan subjected opposing forward Vinícius Jr. to persistent racist abuse.
Persons: Yunus Musah, “ We’re, ” Musah, Darren Lewis, Mike Maignan, Noah Okafor, Musah, Mike, , , ” Maignan, Fabio Maresca, Maignan, Romelu, Vinícius, Pablo Morano, Reuters Musah, ” “, they’re, Omar Beckles, George Floyd, Germany's Leon Goretzka, Mike Lawrence, “ We’d, ’ ”, Milan Women’s Christy Grimshaw, You’ve, “ We’ll Organizations: CNN, US, AC Milan, Soccer, Serie, Udinese, Milan, ” Udinese, Serie A, Ciancaphoto, Udinese Calcio, Italian, Roma, Spanish, Real Madrid, Reuters, England’s, ’ Association, Getty, Milan’s, Locations: Italy, Lazio, , Valencia, New York, London, England
When Aaliyah Iglesias was caught vaping at a Texas high school, she didn’t realize how much could be taken from her. ___E-cigarettes have inundated middle and high schools. The episode that got her in trouble happened elsewhere in Texas, at Athens High School, where her debate team was competing last February. She was sent to her district’s alternative school for 30 days, which was the minimum punishment for students caught vaping under Tyler schools' zero-tolerance policy. In a pilot program, the district installed vape sensors in bathrooms and cameras outside the doors.
Persons: Aaliyah Iglesias, vaping, ___, Iglesias, , ” Iglesias, I’m, Tyler, Rick Cadiz, , Michael Allman, Jennifer Villines, they’re, ” Villines, it’s, “ I’m, McCarthy, Yasmeen Saadi, Mikaela, Asplen Gengenbacher, Alexis Simmerman, Parker Daly, Elise Darragh, Ford, Emily Handsel, Henry Hill, Victoria Ren, Shaurya Sinha, Carolyn Stein, Jessica Yu Organizations: Schools, Stanford University, University of Missouri, Associated Press, Tyler High School, Athens High School, Smart Sensors, IPVideo, HALO, , San Dieguito Union High School District, Coppell Independent School District, vaping, National Honor Society, Tyler Junior College Locations: Texas, Tyler , Texas, Tyler, ” Cadiz, Cadiz, California, Gorman, AP.org
Swifties are furious with Elon Musk's X after AI-generated explicit images of the singer went viral. Fans of Taylor Swift are expressing their fury on the billionaire's social media platform X after graphic AI-generated images of the pop superstar went viral on the site. "Posting Non-Consensual Nudity (NCN) images is strictly prohibited on X and we have a zero-tolerance policy towards such content. The rising availability of AI image generators has fueled concerns that they could be used to create "deepfake" naked images of women. X did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: Swifties, Elon Musk's, , Elon, Taylor Swift, Swift, Taylor, Musk, schoolgirls Organizations: Service, Media, Business Locations: Spain
TOKYO (AP) — Crowned Miss Japan this week, Ukrainian-born Karolina Shiino cried with joy, thankful for the recognition of her identity as Japanese. But her Caucasian look rekindled an old question in a country where many people value homogeneity and conformity: What does it mean to be Japanese? Shiino has lived in Japan since moving here at age 5 and became a naturalized citizen in 2022. But her crowning triggered a debate over whether she should represent Japan. Others said there was no problem with Shiino's crowning because her Japanese citizenship makes her Japanese.
Persons: Karolina Shiino, Shiino, ” Shiino, I’ve, , Chiaki Horan, “ I've, , Ariana Miyamoto, Naomi Osaka, Ayaka McGill Organizations: TOKYO, Miss, Miss Universe, Tokyo Games, AP Locations: Japan, Ukrainian, Miss Japan, Nagasaki, African American
Levels of unrulinessIATA classifies unruly behavior incidents into four levels. The latest available IATA data, from 2022, indicates most disruptive passenger incidents involved non-compliance, verbal abuse and intoxication. Passengers refusing to wear masks was a contributing factor to the rise in unruly incidents during that period. Ronaldo Schemidt/AFP/Getty ImagesOf the 5,981 unruly passenger incidents reported to the FAA in 2021, 4,290 were face mask-related. “If you are a potentially unruly passenger, do you really not become unruly because you saw some zero tolerance unruly behavior video?” he questions.
Persons: Philip Baum, Baum, , ” Baum, stank, ‘ Philip, can’t, ’ ”, , Susannah Carr, , There’s, Liz Simmons, Simmons, Ronaldo Schemidt, It’s, Kris Major, Mizuki Urano, ” John Franklin, Franklin, EASA’s, there’s, Aleksandra Kapela, Kapela, ” Kapela, Sta Rosa, restaffing, “ We’re, ” There’s, Philip Baum’s, Polly Hilmarsdóttir, Daniela Modnesi, Modnesi, it’s, Jim Vondruska, they’re, we’ve, EASA’s Franklin, EASA, “ We’ve Organizations: CNN, CNN Travel, Transport Security International Magazine, Management, International Air Transport Association, European Aviation Safety Agency, Federal Aviation Authority, FAA, American, European Union Aviation Safety Agency, International Civil Aviation Organization, Japan Airlines, Staffing, Aviation, European Transport Workers ’ Federation, FBI, TSA, Airlines, Dutch, KLM, Nippon Airways, ANA, American Airlines Locations: Oceania, AFP, Icelandair, Tokyo, Montreal, Europe, Texas
Not unlike dating, it's crucial to know the red flags that could come up in a job interview that signal it's not a good fit. Just as it's important to know your red flags, though, you should also have an idea of how to respond to them if they come up during your conversations. Additionally, being part of my community outside of work is really important to me. I do a lot of volunteer work, and it's really important to me that I have time to volunteer in my community. 1 job interview question to ask to spot a red flag, from an HR pro
Persons: Teresa Freeman, Let's, Freeman, I'm, we've Organizations: Deloitte
She shared signs a partner is emotionally mature, from how they listen to how they handle boundaries. AdvertisementGibson shared some ways to tell if a new romantic partner is emotionally mature, for real this time. But an emotionally mature person isn't just nodding along with you until it's their turn to speak. AdvertisementAccording to Gibson, emotionally mature people will refrain from black-and-white thinking or labeling others in extreme ways. They're consistentWhile it would be great if you could tell who's emotionally mature right away, Gibson said you can really tell with time.
Persons: , Dr, Lindsay C, Gibson, you've, They're, they're, it's Organizations: Service
Read previewCleveland Cavaliers big man Tristan Thompson has been suspended without pay from the NBA for 25 games. The two drugs found in Thompson's system — ibutamoren and LGD-4033 — can be used for performance enhancement purposes and may have dangerous side effects. Ken Blaze-USA TODAY SportsAccording to the NIH, ibutamoren is a growth hormone secretagogue, or a substance that promotes the production of growth hormones. Heightened growth hormone in one's system can increase muscle mass, limit body fat, and improve exercise tolerance, per Mayo Clinic. And in 2019, John Collins — then with the Atlanta Hawks — spent 25 games on the sidelines after the league found pralmorelin, another growth hormone secretagogue, in his system.
Persons: , Tristan Thompson, Ken Blaze, Ibutamoren, Thompson, Knick Joakim Noah, Joakim Noah, Nick Wass, Jodie Meeks, John Collins — Organizations: Service, Cleveland Cavaliers, NBA, Business, NIH, ibutamoren, FDA, NCAA, Doping Agency, New York Knicks, AP, Washington Wizards, Atlanta Hawks —, The Cavaliers, Eastern Conference Locations: Mayo, LGD, New, Cleveland
Oregon changed its isolation policy in May when the Covid-19 public health emergency lifted, and California followed suit earlier this month. The recent order from the California health department notes that the potential infectious period spans from two days before through 10 days after symptoms or a positive test. Less restrictive isolation policies could allow people to feel more comfortable with testing, which could prompt them to get treatment or feel more comfortable taking other protective measures. Dr. Dean Sidelinger, Oregon’s state health officer, said that equity was a key factor considered in the decision to change isolation policy in the state. Public health policy decisions are rarely black-and-white, experts say, and weighing tradeoffs can be more of an art than a perfect science.
Persons: Tomás Aragón, , Jennifer Nuzzo, we’re, Dan Barouch, Sarita Shah, Dean Sidelinger, ” Barouch, , ” Nuzzo, Shah, Dr, Sanjay Gupta, you’re, ” Shah, Organizations: CNN —, US Centers for Disease Control, California Department of Public Health, CDC, Pandemic, Brown University School of Public Health, Center, Virology, Vaccine, Beth Israel Deaconess Medical, Emory University, Get CNN, CNN Health Locations: California, Oregon, COVID, hospitalizations, Covid
The other bill, from Sen. Bill Cassidy and Sen. Tammy Baldwin, would ban de minimis shipments from China. The provision is more likely to change — a prospect that both Shein and Temu have said they support. Jennifer Ortakales Dawkins/InsiderShipping consultancy ShipMatrix estimates that Shein and Temu each ship more than a million packages to the US daily. It added that almost 50% of all de minimis shipments to the US come from China. Related stories"Changes to the exemption could create a paradigm shift for retailers like Temu and Shein," Bank of America analysts wrote in the note.
Persons: minimis, Earl Blumenauer, Russia —, Bill Cassidy, Sen, Tammy Baldwin, Cassidy, Baldwin, Jay Sole, It's, Jennifer Ortakales Dawkins, Shein's, Temu, Shein, Donald Tang, SHEIN, de minimis, they've, Steve Story, Sole, Satish Jindel, ShipMatrix, Jindel Organizations: Business, Customs, Rep, Bank of America, US Chamber of Commerce, Express, UBS, Pinduoduo Holdings, Goods, Shipping, Chinese Communist Party, China . Shipping, Wired, Shein, American Apparel and Footwear Association, Apex Logistics International, Walmart Locations: Xinjiang, China, Russia, Sen, Singapore, Boston, minimis, United States, mstone@insider.com
NEW YORK (AP) — Norman Jewison, the acclaimed and versatile Canadian-born director whose Hollywood films ranged from Doris Day comedies and “Moonstruck” to social dramas such as the Oscar-winning "In the Heat of the Night," has died at age 97. Throughout his long career, Jewison combined light entertainment with topical films that appealed to him on a deeply personal level. (Jewison lost out for best director to Mike Nichols of "The Graduate"). Among those who encouraged Jewison while making “In the Heat of the Night”: Robert F. Kennedy, whom the director met during a ski trip in Sun Valley, Idaho. Jewison shifted to feature films in 1963 with the comedy “40 Pounds of Trouble,” starring Tony Curtis and Suzanne Pleshette.
Persons: — Norman Jewison, Doris Day, Oscar, , Jeff Sanderson, Jewison, Jim Crow, , Rod Steiger, Sidney Poitier, James Baldwin, ’ Bosley Crowther, Bonnie, Steiger, Mike Nichols, Robert F, Kennedy, nodded, , , Cher, Steve McQueen, Thomas, Denzel, Washington, Rubin “, ” Carter, Malcolm X, Spike Lee, shouldn’t, Lee, ” Jewison, Margaret Ann Dixon, Dixie, Kevin, Michael, Jennifer Ann, Agnes, God ”, Lynne St, David, Judy Garland, Danny Kaye, Harry Belafonte, Tony Curtis, Suzanne Pleshette, James Garner, McQueen, Edward G, Robinson, Carl Reiner, Eva Marie Saint, Alan Arkin, Sylvester Stallone, Jimmy Hoffa, Al Pacino, Bruce Willis, Michael Caine, Tilda Swinton, ____, Bob Thomas Organizations: Canadian, New York, Hollywood, , Denzel Washington, Washington, Governor General’s Performing Arts, Canadian Film Centre, Toronto Film, Victoria College, BBC, CBC, Universal, MGM, Cincinnati, Vietnam, AP Entertainment Locations: Canadian, Philadelphia, Clyde, Sun Valley , Idaho, Mississippi, Canada, Toronto, London, Hudson
A woman in Houston raised $42,000 off her claim that a man attacked her with a brick. Police said they have video evidence, but Osman told Business Insider the officers are lying. Osman told BI that she believes the police filed charges against her in retaliation for her reporting one of the officers who handled her case. Osman told BI that her friend made it for her because she wanted to help. Advertisement"There's no such thing as a perfect victim," Osman told BI.
Persons: Roda Osman, she's, Osman, , — Osman, Roda, GoFundMe, Douglas Organizations: Police, Service, Business, The Houston Police Department, BI, Houston Police Locations: Houston, Minneapolis
But the deal is already wobbling, as House Speaker Mike Johnson faces intense pressure from Trump and his House allies to demand more sweeping concessions from Democrats and the White House. “I do not think we should do a Border Deal, at all, unless we get EVERYTHING needed to shut down the INVASION of Millions & Millions of people,” Trump posted on social media this week. During Iowa's Republican caucuses last week, which Trump won, immigration was a top issue. They argue that the changes would actually pave the way for Trump to implement his border agenda if he wins the election. Even beyond Trump, Johnson is dealing with far-right House members who are furious over his willingness to work with Democrats to pass legislation.
Persons: Donald Trump, Mike Johnson, , ” Trump, It's, Trump, Joe Biden, , Greg Abbott’s, “ It’s, Sen, Michael Bennet, “ I’m, ” Bennet, Denver Mayor Mike Johnston, we’ve, Joaquin Castro, Mitch McConnell, He's, Biden's, Oklahoma Sen, James Lankford, Lankford, Johnson, “ We’re, ” Johnson, Marjorie Taylor Greene, Greene, Biden, I’ve, Republican that’s, Jim Himes, Conn, We've, ” Himes, Lisa Mascaro Organizations: WASHINGTON, Trump, White, Republicans, Democratic, Russia, Republican, AP, Texas Gov, Colorado Democrat, Denver Mayor, Texas Democrat, U.S, Oklahoma, Republican Party, Associated Locations: Ukraine, U.S, Mexico, Colorado, United States, Texas, Israel, Trump, Iowa
Islamabad, Pakistan CNN —Pakistan and Iran have both conducted strikes on each other’s territories in an unprecedented escalation of hostilities between the neighbors, at a time when tensions have risen sharply across the Middle East and beyond. Iran claimed it had “only targeted Iranian terrorists on the soil of Pakistan” and that no Pakistani nationals were targeted. In 2015, the group claimed responsibility for an attack that killed eight Iranian border guards, with militants reportedly crossing into Iran from Pakistan. Iran’s strikes on Tuesday sparked a diplomatic spat, with Pakistan recalling its ambassador from Iran and suspending all high-level visits from its neighbor. And after Pakistan’s strikes, Iran on Thursday demanded “an immediate explanation” from its neighbor, Tasmin reported.
Persons: Islam –, hideouts, Jaish al, , Karim Sadjadpour, Wesley Clark, , Jaish, CNN What’s, Tasmin, Matt Miller, Washington, “ We’ve, , Miller, ” Pakistan’s Organizations: Pakistan CNN —, Adl, Justice, Iran’s, Carnegie Endowment, International, US Army, CNN, Hamas, US, National Counterterrorism Center, US State Department, US State, Pakistan – Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Iran, Balochistan, Sistan, Baluchestan, restive Baloch, Gaza, Here’s, Pakistan’s Balochistan, Iran’s, Iran’s Sistan, Baluchestan province, Islam, , United States, Iraq, Syria, Israel, Lebanon, Yemen, Red, NATO, Afghanistan, Tehran, Pakistan’s, Iranian, India, ” China
I get my tax documents in early. I've since found a reliable accountant who specializes in working with small business owners and I've leveled up my tax preparation to make tax season even smoother for me and my accountant. I've aligned my processes with my accountant'sMy first tax season working with Danny involved a learning curve and some unavoidable back-and-forth. This year, when I send him my tax documents for his next steps they'll basically be turnkey for him — plug and play. Aligning with Danny's systems makes my review and approval of the completed tax documents he shares with me that much easier as well.
Persons: , I'd, That's, Danny, He's, I've, Danny's, they'll, I'm Organizations: Service
The judge overseeing E. Jean Carroll's second trial against Donald Trump is making sure it doesn't get out of hand. AdvertisementBefore jury selection even got underway in E. Jean Carroll's second trial against Donald Trump on Tuesday, the judge put a tight muzzle on the former president. The judge also ensured that Trump couldn't create a dramatic scene by yelling "I object" in the middle of the trial. Carroll took Trump to trial last spring — although he didn't show up to court in that case — for a similar set of claims. When Trump testified in the trial and hurled personal insults, the judge struck his comments.
Persons: Jean Carroll's, Donald Trump, Trump, hasn't, , Carroll, Lewis Kaplan, Kaplan, defaming Carroll, Letitia James, Michael Madaio, Madaio, Anderson Cooper, Kaplan shouldn't Organizations: Trump, Service, Republican, New York Locations: E, Manhattan, Iowa, New, New York
With 23% of the vote, Wilders stands a good chance of leading any future governing coalition. In the Netherlands, forming a majority coalition with Wilders' party was considered unthinkable not long ago. "And Wilders took off in the polls.”In December, a member of Wilders' party became president of parliament, marking a breakthrough in political acceptance. There is now a real prospect of his far-right party joining, or even leading, a majority governing coalition. Rather than far-right parties being pulled to the center, the center may veer to the right.
Persons: SINT, , Geert Wilders, Wilders, ’ ”, Rem Korteweg, , Walter de Jong, De Jong, Mark Rutte, Tom Theuns, ” Wilders, Theuns, ” Theuns, Jean, Marie Le Pen, Le Pen’s, , North Africa —, Mark Rutte's, Frans Timmermans Organizations: Party, Freedom, European Union, EU, Party for Freedom, Rabobank, , Leiden University, National, Frontex, , Pulitzer Center, Crisis Locations: SINT WILLEBRORD, Netherlands, Willebrord, Europe, Germany, France, Spain, Sweden, Austria, The Hague, Hungary, Serbia, Poland, Rucphen, Sint Willebrord, Ukraine, Soviet, Syria, Turkey, Belgium, Dutch, North Africa, EU
Elon Musk's SpaceX has filed suit against the NLRB, arguing its proceedings are unconstitutional. The suit follows an NLRB accusation that SpaceX illegally fired employees who complained about Musk. SpaceX's suit could have wide-reaching impacts on federal agencies if successful, an expert told BI. Eight SpaceX employees were wrongfully terminated for their involvement in drafting and posting the letter, the NLRB alleged in its complaint against the billionaire's spacecraft manufacturing company. AdvertisementThe NLRB, in response to SpaceX's suit, has argued the case should be heard in California.
Persons: Elon, , Musk, Musk's, SpaceX's, David Wimmer, Jerry Cutler, Cutler, Wimmer, they've Organizations: SpaceX, Service, National Labor Relations Board, Court, Southern, Southern District of Texas, Musk ., NLRB, Business Insider, Elon, Twitter, SpaceX Microsoft, CBS, United States, Supreme, Circuit, Columbia University, National Labor Relations Act, Federalist Society Locations: Brownsville, Southern District, Texas, California
The MSI party grew from the ashes of Benito Mussolini’s National Fascist Party after it was dismantled at the end of World War II when the dictator was deposed and killed. Gotor and Rocca laid a wreath at a monument to the fallen activists, but left before the fascist salute was carried out, their offices told CNN. Nor are fascist memorabilia or gestures like the fascist salute illegal, something that critics say must change. A witness who lives on the street where the commemoration took place told CNN that it happens every year, including with the fascist salute. Berizzi said that “in this moment neo-fascist groups feel protected by Meloni’s silence, her ambiguity.
Persons: Rome, Giorgia Meloni, Franco Bigonzetti, Francesco Ciavatta, Stefano Recchioni, , , Benito Mussolini’s, Meloni, Francesco Rocca, Miguel Gotor, Gotor, Rocca, Elly Schlein, ” Schlein, Noemi Di Segna, Antonio Tajani –, Silvio Berlusconi –, Meloni wasn’t, ” Maria Calderone, ” Paolo Berizzi, Berizzi, Ewan MacPhee, ” MacPhee Organizations: Rome CNN, Italian, Acca, Italian Social Movement, MSI, Fascist Party, Democratic Party, CNN, , Union of Italian, Forza Italia, Facebook, La Repubblica, Italy’s, Operations, Social Democrats Locations: Rome, Italy, Lazio, , Italian, Germany, Europe, Ukraine, Strasbourg
These genetic variants may have subsequently proved beneficial to European populations in making the shift from hunting and gathering to farming. “DNA from hunter-gatherers is present at higher levels in Northeastern Europe, which means the region has an elevated genetic risk of developing Alzheimer’s disease,” Barrie said. Similarly, the ancient genetic information shed light on the evolutionary history of traits such as height and lactose tolerance. And for most traits, MS included, the genetic effects are the result of multiple genetic variants,” he said. “Ultimately, we can’t say that MS came from Bronze Age populations, but these populations’ movements and environments contribute to differences in MS risk today.”
Persons: , , Rasmus Nielsen, It’s, William Barrie, Astrid Iversen, ” Iversen, ε4, ” Barrie, Samira, Asgari, Tony Capra, Capra, wasn’t Organizations: CNN —, University of California, Danish National, University of Cambridge’s, University of Oxford, Icahn School of Medicine, Bakar Computational Health Sciences Institute Locations: Western Europe, Central Asia, Europe, Berkeley, Kazakhstan, Northeastern Europe, Mount Sinai, New York, Bakar, San Francisco
The agency signed off on 11 bitcoin ETF applications, including funds from BlackRock , Fidelity, Ark Invest, WisdomTree and Grayscale. But there are things to consider before rushing to purchase bitcoin ETFs. 'Better than anything else on the market'While bitcoin carries risk, if you want to add exposure, experts say the new bitcoin ETFs could be worth considering compared to owning bitcoin directly or bitcoin futures ETFs. "These spot bitcoin ETFs are better than anything else on the market," said Armour, referring to other bitcoin investing options. The Grayscale Bitcoin Trust (GBTC) charged 2.0% before converting to a spot bitcoin ETF, and now has fees of 1.5%.
Persons: Bryan Armour, Armour, I'm, Ivory Johnson, Gary Gensler Organizations: . Securities, Exchange Commission, Fidelity, Ark Invest, North America, Morningstar, SEC, Delancey Wealth Management, CNBC's Locations: U.S, BlackRock, bitcoin, Washington ,
You can now invest in bitcoin ETFs. But should you?
  + stars: | 2024-01-11 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +7 min
The Securities and Exchange Commission on Wednesday gave the green light to the listing and trading of 11 bitcoin exchange-traded funds, or ETFs. Understand what bitcoin is … and what it isn’tIt’s important to grasp what kind of asset bitcoin is. Plus, bitcoin ETFs will make it easier for financial advisers to access the cryptocurrency for their clients who can afford to invest in alternative asset classes. Deciding if a bitcoin ETF makes sense for youThe investment firms that have received approval to offer bitcoin ETFs are competing fiercely for investor dollars. And if you normally invest on a platform that automatically rebalances your portfolio for you, make sure the system does not rebalance your holdings based on your bitcoin investment.
Persons: New York CNN —, Bitcoin, bitcoin, Fidelity, Chainanalysis, Sam Bankman, ” Alex Michalka, Wealthfront, , Bryan Armour, … It’s, It’s, ” Armour, Alex Lozano, Lozano, , Trent D, Porter, ” Porter Organizations: New, New York CNN, New York CNN — It’s, The Securities, Exchange Commission, Wednesday, SEC, US, Fidelity, New York Times, Securities Investor Protection Corporation, NASDAQ, NYSE, Morningstar, Better, Locations: New York, bitcoin, United States
The S & P 500 rose 24% in 2023, ending the year just shy of a record closing high. The highest S & P 500 target on the Street calls for 8.7% upside from Thursday's close. A fund with exposure to small and midcap semiconductor stocks is the SPDR S & P Semiconductor ETF (XSD) . Exposure to this space can be obtained through the SPDR S & P Health Care Equipment ETF (XHE) . For these investors, Bailey likes Berkshire Hathaway , calling it a counter-cyclical sitting on a ton of cash.
Persons: Larry Adam, Raymond James, Robert Kaplan, Steven Wieting, Wieting, there's, Mike Bailey, — Bailey, Bailey, They're, Berkshire Hathaway, Eli Lilly, they're, Jack Ablin, Ablin, Rowe Price Organizations: Nasdaq, Dow Jones Industrial, CNBC Pro's, Survey, National Association for Business Economics, Dallas Federal, CNBC, Bank of America, Fed, CNBC Pro, Citi Global Wealth, Nvidia, Meta, Microsoft, P Semiconductor, P Health Care, FBB Capital Partners, Corporate, Aggregate Bond, Berkshire, Essex Property Trust, Federal Realty Trust, Rowe Price Group Locations: Essex
A few days ago, S & P noted that the S & P 500 total return of 25.85% would only be up 9.49% ex the Magnificent 7. If you own the S & P 500 long-term, you are participating in those gains. The S & P is up 1,200 points (25%) since then and is knocking on the door of an historic high. The S & P 500 is overbought and expensive on most metrics. The S & P 500 up almost 25% in a year is the kind of problem a lot of people would be happy to have.
Persons: Russell, YTD, General Mills, it's, Staples, Campbell, Mills Organizations: AMD, Arista Networks, Apple, Meta, Nvidia, Nasdaq, Nike, FedEx, General, NextEra, Utilities, Treasuries Locations: Russia, Ukraine, Israel, Wayfair, Devon, Chevron
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